Brooklyn, NY Time Equities Inc. (TEI) has made its first multifamily acquisition in New York City in more than a decade with the $13.1 million purchase of 323 East 19
th St., a 38-unit rental building located in Ditmas Park neighborhood.
Manhattan, NY GFP Real Estate, LLC has signed four new leases totaling 8,753 s/f at 209 West 38
th St. in Midtown South. Mathew Mandell of GFP Real Estate represented the landlord, GFP Real Estate, in each of the transactions.
Brooklyn, NY Liberty Pest Control hosted the latest IREON mix and mingle event at their newly inaugurated headquarters. The evening proved to be a testament to fostering strong industry relationships and exploring new business horizons within the commercial real estate sector.
Manhattan, NY JLL has secured $80 million in financing for 110 Horatio St., a 10-story, 94,000 s/f multifamily property located in the West Village neighborhood. JLL represented the borrower, 110-114 Horatio II, LLC, an entity controlled by principals of Rockrose
Long Island City, NY According to Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC ("MRA"), the New York City Department of Transportation (DOT) has signed a long-term lease at HUB LIC, located at 47-25 34th St. The 21-year lease covers
strong>Manhattan, NY Universal Music Group (UMG) has leased office space at PENN 2, Vornado Realty Trust’s office tower along Seventh Ave. in the Penn District. The building will serve as the headquarters of labels Def Jam Recordings, Island Records, Mercury Records and Republic Records, Bravado, UMG
Bronx, NY Merchants Capital secured $231 million in total financing for the renovation of Eastchester Gardens, a $391 million New York City Housing Authority (NYCHA) Permanent Affordability Commitment Together (PACT) project that spans 10 residential buildings. Eastchester Gardens is one of the oldest
Long Island City, NY Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (MRA), said that the New York City Department of Transportation (DOT) has signed a long-term lease at HUB LIC, located at 47-25 34
th St. The 21-year lease covers 212,094 s/f across the entire ground
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Bronx, NY Mayor Eric Adams and governor Kathy Hochul made known the completion of YP Senior Residence, a 117-unit affordable housing development in the Morris Heights neighborhood reserved for older New Yorkers who meet specific income restrictions. The $81 million project includes 37 supportive apartments
